The voting outcome and the most preferred outcome of the median voter are the same in a simple majority vote where there are several options from which to choose.
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Q12: Public choice is concerned with
A) relative prices.
B)
Q13: Rent seeking is more likely to occur
Q14: Public choice deals exclusively with business decisions.
Q15: Rational ignorance exists because voters are apathetic.
Q16: According to public choice theory,low voter turnouts
Q18: Society as a whole is made worse
Q19: Simple majority rule will almost always generate
Q20: Public choice refers to
A) the decisions and
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